Parker Hannifin to buy Velcon Filters

Published October 5, 2012 5:27pm ET



CLEVELAND (AP) — Parker Hannifin Corp. said Friday that it is buying Velcon Filters LLC from a private equity firm for an undisclosed price.

The motion and control technology company said the acquisition will give it an edge in the filtration and replacement cartridge sales for the aviation, industrial fuel and industrial process filtration markets.

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